Team YouVerify Youverify, an award-winning financial crime platform that provides AI-powered Anti-Money Laundering solutions has announced a significant investment from Elm, a pioneering digital innovation and solutions company based in Saudi Arabia. Serving customers in 12 countries, Youverify’s solutions are essential for businesses aiming to maintain compliance, secure transactions, and foster trust. The investment from Elm will enable Youverify scale its products to additional markets, accelerating the production of its next-generation AML 2.0 products. Gbenga Odegbami (CEO of Youverify. With an impressive footprint in aggregating data for electronic identity verification (eIDv) in 45 countries, and business verification in over 140…
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Obi Emetarom (CEO & Co-Founder of Zone) 🎥Zone Zone – a Nigerian blockchain startup specialising in payment processing solutions for banks and fintechs – is thrilled to announce that they have raised $8.5 million in an oversubscribed seed funding round, co-led by Flourish Ventures and TLcom Capital LLP. This investment will reinforce its promise of delivering reliable, frictionless and universally interoperable payment experiences at scale, for financial service providers on the Zone network. With this recent round of support, Zone has said it intends to deploy more robust technology, launch new use-cases and expand its network coverage. Also in view is a plan…
Street-level digital advertising platform, dKilo – which helps brands grow their businesses by reaching their audience in a more dynamic, expressive and engaging way – has raised $3.2 million in seed funding from Upturn Ventures. Founded in 2020 by Mohamed Mousa and Sherif Abdelaty, dKilo aims to connect brands audiences beyond the traditional digital space, which unlocks new means for eCommerce businesses to increase brand awareness and conversions. The infusion of capital (a blend of equity and financing) will enable dKilo expand its smart out-of- home advertising solutions, using the Internet-of-things and AI.
https://youtu.be/DN80WFiiRkA Cascador, an accelerator for mid-stage entrepreneurs in Africa who are scaling mission-driven companies, has announced the opening of its 2024 application cycle, with applications closing on April 30, 2024. Entering its sixth year, Cascador has successfully elevated dozens of entrepreneurs and their companies through a unique blend of education, mentoring, pitch training and personalised support, driving over $55M USD in capital raised by past Cascador fellows. 2024 is the first year that Cascador is offering a professional development stipend of $5,000 USD to each participating entrepreneur accepted into the cohort. Main highlights of the accelerator are: Start/ end dates: November 4-8, 2024…
Bfree Co-Founders (L-R): Chukwudi Enyi (COO), (Julian Flosbach (CEO) , Moses Enmor (HOP) Bfree, a Nigerian fintech company specialising in debt collection, has raised $2.95 million in a bid to expand its services across Africa and develop innovative debt collection solutions. Led by Capria Ventures, this funding round brings the company’s total funding to $6.5 million, including a previously undisclosed bridge round of $1.1 million secured in 2023. Founded in 2020 to revolutionise the debt collection landscape in Africa by offering a more ethical and automated approach to business, Bfree’s debt collection methods include a self-service platform for borrowers to…
MDaaS Global, a health company focused on providing modern diagnostic services across Africa, has raised $3 million, successfully following through on its mission to improve access to quality healthcare services in underserved communities. As a result of this recent funding round led by Consonance Investment Managers (with participation from other notable investors, including Techstars, FINCA Ventures, and Future Africa), the $3 million investment will be deployed towards expanding MDaaS Global’s operations across Nigeria and other African markets, thereby addressing the healthcare infrastructure gaps prevalent in many African countries. Expansion plans will cover the opening of new diagnostic centres, investment in…
Christina Funke Tegbe (Founder, 54 Thrones) 📸 GettyImages The American business reality television series, Shark Tank, is an all-time favourite for watching how small-time entrepreneurs pitch their unique and intuitive products to a panel of billionaires and millionaires for a chance to get an investment deal. Christina Funke Tegbe, founder of 54 Thrones, is one contestant whose body butter and black soap products got significant exposure on the show. Tegbe made an appearance on Shark Tank in season 13 and was able to successfully negotiate a deal with judge Kevin O’Leary and guest judge Nirav Tolia. In 2021, 54 Thrones…
On Thursday 29th February 2024, the Girls Talk Corporation (founded by Vanessa Chiedza Sanyauke) held its first event of the year – titled Berlin Tech Horizon: What skills matter to employers? – in Berlin, Germany.In partnership with Color in Recruitment (founded by Chido Therisa Nyandoro) and Factory Berlin, an open panel discussion was had, with some of Berlin’s top tech recruiters sharing their insights on what is on the horizon in tech for 2024 and what skills leading employers are looking for. On the panel were:Casimir Udegbunam: Talent Acquisition Partner – Tech at ZalandoOnweni Princess Ashinze: Talent Acquisition Manager at ShiftmoveVongai Laura…
The Street Project Foundation – a Social Enterprise that uses creative arts as a tool to facilitate opportunities for youth employment and engagement – recently organised a three-day immersive event to amplify their Digital Amazons Programme. The final day featured a pitch competition where Digital Amazons Programme participants presented innovative business ideas to a panel of distinguished judges. Coming out tops were Digital Amazons Emy Josephs, Rachel Alajemba, and Abe-Ezekiel Naomi who received cash prizes of a NGN250,000 each, and seed funds to start-up their entrepreneurial journey. In addition, 20 Digital Amazons received consolation prizes of business registrations, while the…
Kugali Media Co-Founders (L-R: Olufikayo Ziki Adeola, Toluwalakin Olowofoyeku and Hamid Ibrahim) inspire Africans with their new Disney-partnered series, ‘Iwájú 📸Emily Shur A 2018 BBC interview propelled the pan-African creative team of Kugali Media into a collaboration with Disney. The result? A six-episode animated series, Iwájú, showcasing a futuristic, avant-garde Lagos-Nigeria. Now, listen to the brains behind the new Disney series 👇👇 🎥 BBC Africa As the series premieres, the filmmakers share their journey, the challenges of bridging tradition and progress, and the potential of Iwájú to empower African voices and bring about global understanding. Produced by @officialtodahFilmed and edited by @josh_akinyemi